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Advice needed

9 replies

Midwife99 · 22/06/2012 12:55

Im in a mess. My 3rd marriage has just broken up & my husband has left. I have my own house which I bought before I met him. My exh2 has a charge on the property for 25% of the net equity less mortgage & costs. This was due last November & despite the house being on the market since April 2011 & reducing its price 4 times still no offers & 8% interest is being added to the debt. The original plan was that my current husband & I would buy a new house together when this one sold. He has left for a number of reasons I don't want to go into now & is saying that although he will pay generous maintenance for our 2 year old DD I cannot claim anything else from him. He owns a house in Spain although this has dropped massively in value in the last 2 years & has a successful IT company & a pension. I really need a lump sum to pay ex2 off so that I can remain in my house (I have 4DCs aged 19-2) as it will be hard for me to buy anything else on my own on my salary after my ex2 has his share. I have got a solicitors appt in 2 weeks but v worried. Any advice?

OP posts:
RandomMess · 22/06/2012 13:06

Any parents that could help you out as guarantors on going on the mortgage with you?

Other than that it's renting a room out or buying something smaller and the dcs having to such up sharing rooms etc Sad

although you could share with the youngest, the one at uni use a sofa bed in the hols?

Midwife99 · 22/06/2012 13:08

Parents retired & have no assets. Kids could share bedrooms if necessary but I still can't sell the house!

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RandomMess · 22/06/2012 13:43

Have you posted it on here for tips on how to make it more presentable/sellable.

Have you had any interest at all? It could be rubbish photos not getting people through the door or is it just on at too high a price still?

Midwife99 · 22/06/2012 13:53

No sorry I wanted legal advice re whether stbx3 is liable for more than just child maintenance.

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prh47bridge · 22/06/2012 13:58

Of course he is liable for more than just child maintenance. When you divorce you will be entitled to a fair share of the assets of the marriage. The assets include things like his company, pension, etc.

Collaborate · 22/06/2012 17:34

Plus: you are not liable to pay interest.

Midwife99 · 22/06/2012 18:03

My solicitor says there is a clause in the order giving him 8% annual interest if I didn't pay last November

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Collaborate · 22/06/2012 22:47

You PMd me one of the clauses. Pm me the one that mentions interest and I can comment.

Midwife99 · 23/06/2012 12:58

I need to get the full order from solicitor when I see her on 5th July.

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